Kasich Signs Two Bills Into Law November 15, 2015 COLUMBUS – Today Governor John R. Kasich signed the following pieces of legislation into law: Sub. S.B. 208 (Beagle) modifies the commercial activity tax exclusion for receipts from the sale of certain consumer products within an integrated supply chain; makes technical changes to the state income tax law, providing that, for the 2015 taxable year, any taxable business income under $125,000 for married taxpayers filing separately or $250,000 for other taxpayers is subject to graduated tax rates similar to those applicable to nonbusiness income, while business income in excess of those amounts remains subject to the existing 3% flat tax; modifies the formula for calculating reimbursement payments to school districts for their loss of tangible personal property tax revenue; and establishes a formula for making supplemental foundation aid payments to school districts in fiscal year 2017. Am. H.B. 244 (Speaker Rosenberger, T. Johnson) designates the tenth day of November as Armed Services, Peace Officer, First Responder, and Dual Service Recognition Day.